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live right on television after you're done. >> you gave steve part of our studio platform? >>steve: no. you will have to tune in. stay tuned. >> i think i'm going to be here for the three hours. >>steve: you will have to stay tuned to find out what exactly was involved. it did involve this pocket hose right here. >>brian: he's supposed to be on the camera, and he goes to get a pocket hose right in the middle of a segment. what are you? an extra? what are you? an august sillry? -- an auxiliary? >> this is getting more intriguing by the minute. i can hardly wait to hear about that hose. >>steve: it was something that happened on friday that went hardly awry. >> was this at the end of the show? >>steve: no. >> when i was on the treadmill, i was watching part of the show, but i missed this whole hose episode. then all of a sudden you guys froze at 8:40. maybe it was a direct tv satellite thing. you froze for the next 20 minutes. >>brian: it was chilly outside. >> we've got to get to headlines. it's shaping up to be a big week for white house staff announcements. president obama will no
pam cook. >> and i am brian flores, let's get you started with steve paulson, what do you think? >>> we have some patchy fog not too much but there is more this morning than we have seen. a lot of high clouds coming in, no big deal, mostly sunny after that fog burns off and we have some big changes towards the end of the week, here is sal. >>> good morning, we are looking at some pretty good traffic but i think a lot of people will be back today and we will talk about 80 westbound and traffic looks good as you drive through there. no major problems and also the morning commute looks good at the bay bridge toll plaza, with no major delays. let's go back to the desk. >>> a man was stabbed an injured in san jose and now police are searching for suspects. janine de la vega is on the scene and tells us what police are saying this morning, jeanine? >>> we are here in front of an apartment complex. now police have left the scene already and what you can see is the shattered glass from the window that was broken in the stabbing. a man who lives in this apartment complex on the drive was
known, the retirement of vice president kevin martin and the retirement of our paralegal, steve johnson. that most recently happened two weeks ago. we are definitely going to fill the void that steve has left, i hope to fill the void and fill the shoes of kevin martin. we know it's a lot to ask but i can assure you that president delanus and i will make every effort to work with the chief as we have done since being on the executive board of the poa for the last 9 years. but before i do i want to acknowledge kevin martin who has 28 years of service not just with the san francisco police department but the san francisco sheriff's department and especially acknowledge steve johnson, who joined the san francisco police department in 1971, served 30 years and since that time has worked tirelessly along with kevin for the rights of our members and he has worked with every commissioner here. he's going to be a big loss to the poa, he wanted to be here tonight, he could not make it. he is in good health and spirits but i do have letters to each one of the commissioners on behalf of steve.
with no major problems, let's go to steve. >>> i'm sure it will continue to form and some of that visibility can be a quarter mile or less. i think there are still issues. 34 oakland airport, but not far away. i am shower it is 36 and 35. so it is a drive pattern so it will be mild to warm and as we head towards the end of the week, until then partly sunny skies mostly cloudy, patch chi fog, mid-50s to upper 50s and some of that fog could make it tough. fog sun, a little warmer some lower 60s may be more so tomorrow, we'll see increasing clouds tomorrow turning much colder, we could see a few splash and -- showers and the cold will take us right through the weekend. >>> we have new details and how a woman was stabbed. >>> and good morning if you are driving on 880 heading south through the south bay, we will tell you about your morning commute and we will have a look at your forecast. (woman) 3 days of walking to give a break cancer survivor a lifetime-- that's definitely a fair trade. whoo! you walk with friends, you meet new friends, and you keep those friendships. it was such a beautiful expe
confirmation. with me now steve clemens, editor at large for "atlantic" and has written things in support of hagel's nomination to the defense department and dan seymour and foreign policy adviser. gentlemen, welcome to you both. i couldn't think of two better people to do this and you both agreed. so, thank you. dan, i want to start with you, but i want to lay out this issue on israel and iran and i want to put up, we put together a few charts. sort of fuel for supporters and opponents when it comes to hagel and iran and israel. voted against iran/libya sanks in 2001 and blocked sanctions bills in 2008. he was in support of key nonproliferation bills having to do with sanctioning iran on nuclear weapons. as for israel, he didn't sign some letters of support of israel in the past. anti-hamas bill and voted for aid for israel as a senator. dan, why would you look at this record and say it's decidedly mixed for somebody who want somebody in there who wants nothing but always on the side of whatever israel wants the united states to do, he certainly is not a full fledged opponent of israel,
jose northbound 101 on 285 that traffic is moving well. let's go to steve. >>> we have livermore, napa, san jose, already reporting morning clouds and it is a dry forecast and turning colder. late wednesday night into thursday, it does not brooks laich a wet pattern. temperatures drops to the dew point and that is getting thicker and thicker and it should start to burn off. a lot of these high clouds are spilling over and most of the energy is staying to the north. i have seen a lot of temperatures around antioch and brentwood anywhere from 38 to 47 so take your pick. the city has 44 but there is fog reported in san francisco and there is fog all over the place and we will have to deal with that. there is a little bit of light snow near the oregon border but dashboarder but for us, more so tomorrow and then we will go right down and big time cooling comes in on friday. a bit of a damp cold and most locations will stay calm. 50s on the temperatures a few mid-to-upper 60s to morgan hill gilroy and it will be warmer on tuesday and we start to see mid- week transition, and we could see a f
a difference a week makes. this morning, it's about a 15, 20-minute delay. let's go to steve. >>> thank you, sal a lot of fog around there. higher clouds coming in. a beautiful sunrise. but the higher clouds are all we'll see out of this system mainly staying to the north. there's thick fog being reported in the bay. morning fog, higher clouds. a little warmer tomorrow. it's a dry forecast and then on wednesday into thursday turning colder, much colder thursday,/friday as we get a stronger system coming in. we'll have a lot of cold air coming in thursday/friday. the recent rain has moved off into southern california. and then out of the area. but the overnight temperatures and the dew point coming together and that gives us thick fog. that will be with us today and tonight. these higher clouds, coming down around the southern edge of the system which has been spilling over. so we get the higher clouds. patchy, thick fog in the morning. 30s and 40s. higher clouds in the afternoon. 54 to 62. most locations, 30ss, 40s. novato is sweeping in. i did see a 39 there. fairview is 34, 34 livermore.
we quoted on friday, steve clemens was on our show today, quote, there seems to be an effort by israel and supporters over and over to continue to run resolutions to say, how much do you love me america? do you love me today, do you love me tomorrow and do you love me again. i am supportive of israel but i'm not going to zero game between israel and neighbors, but also have vital national security relationships with the united states let's bring in our panel. steve hayes, juan williams and charles krauthammer. steve? >> i think the quote you read is offensive. its clownish view of what people have been arguing both with respect to protecting national security but the threat that iranian poses to the united states of america. i think one of the areas in which hagel has shown himself to be president obama's left, and he has in a variety of different places, is the question of iran. hagel ruled out a military strike would be unreasonable, it would be foolish to do that. something that the obama administration despite fact i think they have taken a rather accommodating and patien
nebraska senator bob kerrey and the atlantic's steve clemens. senator, it's always an honor to speak with you. the president today said chuck hagel is an american patriot when he announced the nomination of the former senator from your state to head the pentagon. let's take a listen. >> chuck hagel is the leader that our troops deserve. he is an american patriot. he enlisted in the army and volunteered for vietnam. to this day he bears the scars and shrapnel for battles he fought in our game. we see a decorated combat veteran of character and strength. they see one of their own. most importantly, chuck knows war is not an abstraction. he understands that sending young americans to fight and bleed in the dirt and mud, that's something we only do when it's absolutely necessary. >> well, senator hagel paid tribute to the men and women in uniform at the announcement today. let's listen to the nominee himself. >> mr. president, i am grateful for this opportunity to serve our country again, and especially its men and women in unifortunatentunately -- unform their families. these are people
>> welcome to the journal, live from dw. i am steve thomas. >> i am steve chaid. >> the opening of the berlin brandenburg international airport is again delayed. >> five gang rape suspects appear in court for their first hearing. >> get ready for the wagner year as classical music fans celebrate the 200th anniversary of the german composer prosper a. -- gir-- german composer's birt. >> construction problems and safety concerns have dealt yet another set act, the fifth now, to berlin's new international airport. no new opening date has been scheduled, what it is looking like the airport might not be opening before 2014. >> the delays are now having political repercussions. early in's mayor has announced his resignation of chair -- berlin's mayor has announced his resignation as chair. >> the list of problems facing berlin's new airport is getting even longer. the latest raft of issues means the airport will not be able to meet the revised opening date of october this year. over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit.
of search people we have loss in the last month, those include francis alwrote oh,-steve chu who died in his early 50 exps a port employee and john kellogg who lived well into retirement and both walter new man and steve injury regarddo of the by deans family who also passed away last week and so if i may asked those two to our adjournment i'll like to add those to our report and that concludes my report. >> is there any other public comment? >>> item seven b informational update on jefferson street. >> ladies and gentlemen i would like to introduce john thomas the department of public words works the department public works and has taken this on together with a number of port staff that will be supporting him so if you would like to. >> good afternoon commissioners director moyer and as al, leaves i would acknowledge that i worked with him before and it's a coincidence we had worked together judge and for me to be here and so i'm here to provide with you a brief update on the jefferson project and judge snow the project extends from jounce street to hide along jefferson and includes
and you know what yo have and then you can treat the with what you learned in the first half with steve and the goal of triage happens to be th motto of nert "do the most good for the most people" and if there is an earthquake right no and ceiling collapsed and 40 people in here, and if i'm the one rescuer coming to you and the first person is not breathing and no pulse, would you want me to stop and do cpr for this person before i reache you and what if there are 500 people behind that and do cpr and i just have to open an air way and all patients fall unde under -- and i'm going to use colors and green, walking wounded and anybody that walks. d for delayed or yellow meaning you're hurt but you're not hurt enough. you're not hurt but that no not that bad an. and d is dead. and dead is the easiest one to determine. and how do we determine whether someone is dead? they're not breathing, right an steve said that several times and how do we know someone is not breathing? we look, listen, and feel and open the air way and we look to see if the chest is rising and listen to feel air and how
lived out by his gisat-grandson steve hearst. the now 80,000-acre hearst ranch is one of the largest and oldest working cattle ranches on the california coast. but when the new generation of hearsts took over, the question quickly became, how can the ranch keep thriving in the modern era? >> and it was my ranch manager cliff garrison who said, "gee, steve, it's a shame we couldn't do anything with our beef." and i said, "well, why couldn't we?" and so ultimately we started pursuing the grass-fed beef, and it fit right in with the whole conservation solution for the property. >> it's fun. it's a picnic every day. you know, we love it. it's a beautiful place and a great place to work. >> so from the shadow of their famous neighbor, the hearst ranch is stepping into the spotlight these days with their brand-few grass-fed beef operation. grazing on rolling hills with picturesque views, the hearst beef is billed as nothing being added but their history, and it's true. the cattle thrive on nutrient-rich native grasses that have been there since the days of william randolph hearst, and toda
john boehner replayed the whole thing to the "wall street journal" steve moore. the president says the country does not have a spending problem. told boehner to his face at the white house that it is all fiction. spending isn't the problem. healthcare is. get that under control the president reportedly says pretty much everything else is under control. we will talk to steve moore in a is second about what boehner said after this. it might explain this. nancy pelosi pushing for still more revenues this week and republicans demanding dollar for dollar tax hikes to spending cuts. what makes you think we will make any progress wielding this out of control when we are not. steve, why less won't be more. steve this is fascinating. tell me exactly what went down. >> i did the interview with speaker boehner on friday over in the capitol and one of the first things that he told me in the meeting. i said what was the most interesting thing and shocking thing about the five weeks of negotiations in the oval office with president obama? and he said at one point the president turned to him and
rock, pay per, scissors. >>steve: what about jacks? >> these are good old-fashioned game. >>brian: we tried to hook the pocket hose on to the hose bib at our house while the water was on. >>steve: exhibit a, ladies and gentlemen, if you're curious, we were able to turn off the hose outside. it took us about four hours. i can hardly wait till -- >> what does that outside shot have to do with it? >>steve: it's all about my christmas present.
. and then after that we did steve o'donnell's show, then rob burnette was our head writer for a long time and we did his show. i liked the fact that these people were all smarter and funnier than i was. because i don't know what i am doing. >> is this self-deprecation or you believe that. >> i think it's true. >> they were doing their show rather than your show. >> yeah, yeah, and it's a great relief because you then learn from them while they're doing it. and you can compliment what they're doing or personalize it to make yourself fit in. >> here's an interesting thing. this whole notion of the kennedy honors is recognizing something about your contribution. what johnny carson meant to you, you mean to jimmy kimmel. and others. and do you have any sense of that? i mean dow appreciate that. >> jimmy kimmel is a case, he's been very nice to me. he's a nice kid and been very gracious to me. and to the point where it's made me self-conscious. and i start thinking about what this is. and the comparison that he had made that you are to me what carson was to you. and the difference is all i really hav
't tough enough or they're not viewed as tough enough to handle the pentagon. and steve clemens on "rachel d maddow" made a point that swayed me. >> the democrats that came in many of them that came in with president obama and also part of the concern that americans don't trust democrats to deploy power to be forceful in the world have adopted in many of the institutions they have built in four to five to six years a pentagon hugging strategy of not wanting to reform or cut because of the fear that they will be considered vietnam democrats, anti-military democrats. >> and i think there's some truth to that and i do think in this time where we are going to be looking at cutting the pentagon's budget and scaling back our military to a certain extent, i do think maybe republican would be better positioned to do that and wouldn't be, especially one who's served in the vietnam war wouldn't be subject to the criticisms in the same way a democrat could be. >> part of obama's calculus. >> i will say i would like to see some women picked for some positions. maybe obama needs to borrow some of the
's abc's steve osunsami. >> reporter: it looks real, but this $100 bill is funny money and production is booming. federal authorities are now saying that in most cases the crooks are using everyday office equipment, scanners, printers and ink. >> it's easier and faster today because of copiers and the sophistication in different type of inking systems. >> reporter: in atlanta, they busted a graphic artist. known in criminal circles as the printer. prosecutors say that he and his father and four other men produced more than a million dollars in counterfeit bills, using a printer to print out fake 50s. printing the front. -- front bill on one sheet, the back on another, before carefully gluing it all together. there are a flood of how-to guides on the internet. in november, rhode island police arrested this man, who they believed learned how to use a check cal suit to make fake 100s. >> a consumer takes the time to look at the water mark and see it doesn't match the portrait. they would know something was wrong with the bill. >> reporter: the government says new security features help.
us along with brian is peter anderson of congress asset management and our own steve leisman and rick santelli. you think it's going to be another good year of gains. target on the s&p 1575. defend it. >> well, we do. i'll remind everyone we were at 1420 last year. we base all of our analysis on fundamentals. >> you were off by a point. >> i'm sorry. >> a whole point. >> seriously. >> i'm sorry. but we think the fundamental condition of u.s. stocks remains very strong. if you take a look at the balance sheet strength, earning stability. fourth quarter earnings i think was a surprise to the upside. companies have been conservative of all these great things. no that we're done with this fiscal cliff situation, i think we do have a bit of wind behind our sails. however, we don't think that 2013 will be as strong as 2012 given the fact that so many people were underexposed stocks in 2012. we've had this kind of natural rotation back in. i think 2013 will be positive. >> but are we really done is the question. we've got the debt ceiling debt bait coming. peter, what's your take? >> well, i
. >> thank you. >> good morning directors, steve with turner construction. another good period of work put in place these last -- this last month. let's see if question get we can get this going. 561,000 craft hours through the end of november/early december. a little more than 11,000 since we last spoke. the hours represent about 160-200 workers in the field on any given day across multiple shifts that we're running. and later in the report, there is a tally. that is over a thousand unique jobs during the transit center construction including utilities. so that is craft people, a thousand craft people having worked or touched this project as reported in the certified payroll system. the sc contractor made their milestone of 162 and actually completed 165 and is on track to finish on on-time. the excavation continues and the rains that we had a week or so ago slowed things down with a little mud at the bottom of the excavation, but it continues to move west to east and under fremont street is the next step. the access trestle was completed all the way to fremont street. so the contr
in favor aye and move that we adjourn in memory of francis alwrote oh, steve chew john tell at a wallet tear newman. second may they rest in pees. meeting adjourned at 713 prime minister. merry christmas and happy new year. >> in the auditorium and can we all stand please for the pledge of allegiance. >> pledge one and to the republic for which it stands one nation under god, indivisible, with liberty and justice for all. >> mr. president, i would like to call roll for the police commission. >> please do. >> president mazzucco. >> present. >> vice president mar. >> here. >> commissioner dejesus in route. >> commissioner chan. >> present. >> commissioner kingsley. >> present. >> commissioner turman. >> here. >> commissioner loftus. >> here. >> we're have a quorum and also with us is the director much occ joyce hicks and i believe the chief of police is in route. we have a quorum. >> thank you. i am julie and the commission of status of woman. i would like to introduce andrea and we r we expect rebecca soon and next to that is alisa and kay. we have a quorum. >> well thank you very m
brother. i couldn't agree more. [applause] ♪ ♪ ♪ ♪ >>> good afternoon, steve mcdonald. chris and i have been friends since
has new details on steve cohen. melissa: you are always controversial. charlie: here is what is interesting about steve cohen. in february, as they see faces a window of redemptions. here is what we know. fac officials are screaming to prevent massive reductions. they are currently contacting and holding one-on-one meetings with investors. they are essentially saying that despite everything, the investigation -- a wells notice has been given. despite all of that, they think that steve cohen we'll be okay. they may get a large fine. they think they are facing charges. they will not be indicted. it will not be a criminal case. keep your money with us. the bottom line is this, you do not know until february. investors essentially hate this type of controversy. some very large investors have put holds on the stocks. i can also tell you, steve cohen and these guys are very aggressive. they are out there trying to get large investors to stay with it. they will come out after the story. these are different one-on-one meetings. this is crisis mode. they think there is a very good lik
is fueling a counterfeit boom. abc's steve osunsami has more. >> reporter: it looks real. this $100 bill is funny money and production is booming. federal authorities are saying that in most cases the crooks are using everyday office equipment. scanners, printers and printer ink. >> it is easier and it is faster today because of copiers and sophistication in different type of inking systems. >> reporter: in atlanta they busted a graphic artist known as the printer. prosecutors say that heath kellogg, his father and four other men produced more than $1 million in counterfeit bills. using a printer to print out fake 50s. printing the front of the bill on one sheet. back of the bill on another. before carefully gluing it all together. there are a flood of "how-to" guides on the internet. in november, rhode island police arrested this man who learned how to make a chemical soup to rub off ink on $5, turning them into fake 100s. he maintained he is innocent. >> if the consumer takes the time to match the watermark and knows it doesn't match the portrait, they would know something was wrong wi
plan. steve liesman is here on what you are hearing. how concerned are they? >> there is concern and it takes two forms, sue. two separate fault lines that developed over the fed. you are -- well, that the easy one. the economy meeting what we call the substantial improvement in labor market quicker than others do. they are worried about substantial group in the balance sheet and adjusting it once they stave off inflation. here is what they said about three different folks with the fed. another group a few others say we need considerable policy. that is qe. but they frnt telling us how long it gez on for. this other group called several others that say it is appropriate to slow or stop purchases well before the end of 2013. they site concerns about financial stability or the size of the balance sheet. here is what i understood to be some of those concerns. big balance sheet obviously could lead to inflation. they could be at a loss or make payments to the bank. as interest rates go up, principal gez down. payment to banks would come from interest on reserve in order to sequester
an american enterprise institute and former consultanto the treasury department and steve son, president of capital public affairs and a former labor department official. all-starith you. where can i get -- what you make of this report? >> 455,000, which was the jobs increases, the average fothe past couple of years. what is really striking about this is this is the best we will e for a while. gerri: what? >> yeah. normally at the start of the year we're looking at big stimulus. last year payroll tax cut, help fr the fed. on average since 2008 the stimulus of the srt of the year has been three and 55 billion. this year its-270000000000. so we go from of big tailwind to a big head wind. this isthe best numbers we can do at this point, wait until those tax cuts, people and get their payroll, thir paychecks. gerri: let's let steve and then. do you agree. >> i think it's pathetic. the economy rely is treading water. we have the most lackluster recovery since the great depression. clearly the president's policies are not doing what they're supposed to be doing. a lot of clients, small busines
. > is this the post-steve jobs era that we are now into, where apple just becomes another tech company? > > i think so. unless we get huge news on an apple tv, and that is not going to come out until the end of next year, i think apple is going to head one way, and that is south. as we have seen, the market has been very, very strong last week. apple sold off. it's gone down another $15 on friday. they report earnings january 23rd. i think they could have another huge miss. apple has now been missing on earnings. we have a supply chain issue. we have a lot of issues going forward. they have a lot of cash. go acquire something. buy a twitter for $15 billion, $14 billion. get stockholders interested again. until then, i'm playing it to the short side. > i guess you'll be taking that apple tattoo off your shoulder. let me ask you about alcoa. earnings season about to launch this week. how are you looking at that one? > > it is trading strong. in lot of these stocks have been trading strong. it is trading above the 50-, 150-, and 200- day moving averages. it is trading around $9.22. i am going to play thi
on the status, steve we can see him and possibly lay the groundwork for him coming home. >> police in kuwait have used tear gas to break up an anti- government protest. this appears to show security forces against the crowd of 300 people. protests against the new parliament and slow political reforms has increased over the past year. egypt's recently ordained pope says he wants to see an end to the deep political conflict -- commission. he told al jazeera the church should stay out of state affairs. hmm >> thank you for talking to us. let me begin by asking what is your message this first christmas after being ordained >> happy new year end merry christmas. >> the most important message is one of happiness. the world needs to get happy, especially in egypt. >> what is your message? >> the same message, but i would like to add we need stability. we need a new beginning. we need to stop street protests and start the journey of work in construction. i invite all egyptians to build a new community. >> your delegation withdrew from a constituent assembly. what was your reaction to the referendum?
. thank you for your time. >> thank you, next speaker. >> good afternoon, supervisors, my name is steve morg basically, the thing about a nonsmoking policy, we provided a survey and what we did was surveyed managers and owners of all in the district of san francisco and here are some of the findings we found with those surveys. 57 providers are supportive of the disclosure law. 47 percent prohibit smoking in their leases. one-third of managers, owners have received tenants about second hand smoke. most residents throughout san francisco want a smoke free healthy lifestyle here in san francisco which will lead to better public health for all san franciscoans so we encourage that you support this mer err and we support and appreciate your support, supervisor mar and supervisor campos, on this policy. >> thank you, mr. moor, thank you. each member of the public will be allotted the same number of minutes to speak, except that public speakers using translation assistance will be allowed to testify for twice the amount of the public testimony time limit. if simultaneous translation ser
-- >> president chiu: thank you very much. thank you. thank you. next speaker. >> good evening. my name's steve and i'm a passionate cyclist as well as a father living on scott and fell. and the reason this needs an environmental impact report is because already, the environment has become hostile. because all the neighbors and business owners know i'm a cyclist i hear every day the grievances how this is a serious negative impact on their lives, on the ability to live in the neighborhood, not only for customers and parking, but for dealing with picking up kids, dealing with even environmental reasons like sound. my house now used to have cars parked out there, they were a nice buffer, now there's a ricochet of a wall blasting on my window. i think i'll stick with the environmental issues because there's a better plan -- i mean the other plans were drawn up to benefit cyclists. i'm a cyclist -- cycling first. this is a four lane freeway, cars going faster, they're using ann and scott on fell cars flip-flop immediately. we have 10 cars -- it's probably the craziest design i've ever seen and by f
. gerri: you make a good point. i wanted to respond one more thing, which i found interesting. steve moore of "the wall street journal" said we had heard that i'm not going to negotiate with the president anymore and now we find out that the president told speaker boehner that the country doesn't have a spending problem. does this tell you anything you that you don't need to know about the democratic agenda? >> is that we think we should be spending more than $3 trillion a year. >> when you're dealing with that, it's hard to know how you're going to negotiate with that. gerri: thank you for coming on tonight, it's always great to see you. >> thank you. gerri: the best laid plans of mice and men. like the tax bonanza that democrats are eagerly awaiting. that may already be behind us. more than 1000 public companies declared special dividends. the president lobbied to put things in place to make sure that the wealthy pay their fair share. but some did better than others. not only did cost no paid early dividends to avoid taxes, but they made it a mega-dividend. $3 billion. equip equivalent
that trillion dollars. they really do want it and reading again reading steve moore's article and watching how this played out they should feel confident they can push over the republicans and get it. >> neil: they feel they have their number now. charles payne. meanwhile, shut the government down. arizona republican governor says if that is what it takes to start cutting the spending then do it and do it now. congressman, i know a number in the media were shocked at your standing by that but you still stand by that. explain. >> absolutely. i came to washington this time to cut spending and to balance the budget. i didn't come there to be a congressman again. i came there to do a specific job. used to say i like to fight for the next generation to make sure we don't pass those tax burdens on to them or paying the debt back to them. but it is not about future generations any more. it is about the guy that retires tomorrow. and so, frankly, i believe we have got a very, very tough job to do and it going to take some tough love and after this latest bait and switch by pelosi and the president whe
, have to tell you to my cannot afford it. i only have three. she knows steve, so there's a possibility that he can bear when he gets the money. he doesn't have it. what we know is because linking get embarrassed or his honor at the best offense, but when she said to lincoln, you can pay me later or maybe as was announced, he ran out the door. so they say when you visit a prostitute there should always be a happy ending, this is not for personal experience, by the way, but in this case it was not a happy ending. even abraham lincoln. what i thought i would do for the main body of my remarks today is tell you just a couple of my favorite stories, not just about mistresses and history, but more importantly about present a character. don't worry, there are some juicy stories involved. one of them involves our 22nd and 24th president, grover cleveland. now, when grover cleveland was a young man, there was a controversy because cleveland father the child out of wedlock. the woman named maria hellbent from pennsylvania, and she might have been a prostitute. at the least, she was very casual a
. therefore, the outlook for qe is steve liesman. who we should note, of course, was hobnobbing with a lot of economists last week. >> simon, thanks. what i've been able to figure out is there are actually two separate fault lines that have developed over at the fed over how much quantitative easing to do this year. the first one is the easy one. some officials seeing the economy meeting the labor market before others. and look at this chart of the fed unemployment rate forecast for 2013. it shows those divisions really not that extreme. pretty solid majority. 16 of 19 members. they see the unemployment remain above 7.4% this year. that's probably enough to just fight qe for the full year. the more complicated split is among those who are worried about growth in the balance sheet and the fallout from trying to adjust it once the economy picks up. let's take a look at what the minutes said. a few members of the fed are in favor of asset purchases to the end of 2013. a few others, they would like to see considerable policy accommodation, but no specific time frame or total on the amount. it'
looks at some of it is hard, which they have been looking at steve, looking at microscopic way since 2007. 2012. >> he is a big fish, it did catch for the government. charlie: that is a long time. now this thing with the drug stocks is interesting. he had to explain his trade. he had to explain her mother was a conversation. clearly the government wants to know what was said. >> happy new year, kind of missed you, oddly enough. charlie: in between the glasses of wine. >> the closing bell will ring, we have 28 minutes to go. one company coming up with breakthroughs in the fight against cancer targeting bad cells while leaving the good ones untouched. a process called nanotechnology coming up in a fox business exclusive. we will get an update on our financials read cannot afford to miss that. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b mical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare
, forced the health care system to do business, these numbers are real. steve's right. you were sold a bill of goods. these numbers are real. the health insurance companies are against the wall. they must pass on the cost. bill: what does it do to uncertainty for business plans, stephen moore? >> this is one of the biggest problems of all, bill. i saw a rasmussen poll a couple weeks ago, showed something like 75 to 80% of small businesses don't understand this bill. they don't understand how it works. they're completely confused how the health care system is going to affect their bottom line. one of the things you have to remember, all of these popular features about the bill, 26-year-olds can get insurance under their parents health care system, free birth control, all of these other kinds of things, those actually, somebody has to pay for that, bill, right? there is no free lunch here. that is what we're seeing in the higher premium costs. what i think it will mean, people will lose their health insurance. they will not gain it. bill: i hope you're wrong about that. matt, i will of about
economics reporter steve liesman who joins us a little background. you going to give us a little drama, a little -- >> yeah, there seem to be at least two separate fault lines, andrew, at the fed over how much quantitative easing to do this year. the first one is the easy one. that's over the economic outlook. some officials see the economy meeting that test of substantial improvement in the labor market earlier than others do. that's the easy one. the more complicated split is among those who may or may not see the economy improving, but they're worried about growth in the balance sheet. i want to give you, from the minutes, the divisions at the fed. a few members of the fed say asset purchases are warranted until the end of 2013. a few others, we need considerable policy accommodation but give no specific time frame or total. they're probably the ones who are more oriented towards substantial improvement in the labor market. it's this last group that seems to be the new group. others, several others, they say it's appropriate to slow or to stop purchases well before the end of 2013,
the political fight ahead for the former senator dubbed man without a party. >>> i'm steve kornacki. did you hear they're adding a new game at the 0 bush administration picks? can kicking. >>> i'm crystal ball. we need to build an asteroid deflection system. i'm going somewhere with this. >>> live wrong. lance armstrong may come clean but what's that got to do with jimmy swaggart? this is "the cycle." >>> president obama's second term defense team is taking shape as long as the senate confirms his picks. my friends, the odds right now are in the president's favor. today, the president formally nominated a republican former senator chuck hagel from nebraska as the new pentagon chief. talking about the for weeks. hagel backed both the afghan and iraq wars. hagel's also a vietnam war vet with two purple hearts and would be the nation's first pentagon chief to have seen combat as an enlisted soldier. he's come under fire for a gay slur of 15 years ago and he's apologized for. even though many may think those criticisms of iraq and afghanistan is invalid. john brennan earned the stripes at the ci
refuses to let his friend steve die, not here and not now. >> you know, you see your friend there. if you're not going to do nothing, you're going the lose your friend.
as former boss steve jobs. we don't now how the holiday turned out for jcpenney. one person we spoke to is very happy with how his merchandise performed at jcpenney. >> we had a stellar performance in izod at jcpenney during the holiday season. great sell throughs. we beat our plans particularly for the month of december. so we really feel very good about how that has all come together, how izod has performed at jcpenney. we love the way they look, the way the brand is presented. and the margins have been outstanding. >> no shares of online only amazon hitting record highs. in tandem today with the heavy conference connecting with the consumer on multiple screens and platforms. a number expected to release their holiday sales numbers this week. many of which invested heavily in their online department. retail investment bank president collin welch told me today he thinks many of these retailers are better off acquiring technology companies and companies that already have this expertise than building them from the ground up. >> thanks very much. >>> earning season kicks off tomorrow.
, a bit of an eye lift. >> it was just beyond my expectations. >> welcome to 60 minutes on cnbc. i'm steve kroft. in this episode, we'll look at people who market medical procedures as business ventures, everything from anti-aging treatments to a protocol that claims to end addiction. we'll begin with doctors and pharmacists who are catering to the 78 million aging baby boomers who want to slow that aging process down or to even turn back the clock. the treatments usually include doses of the same performance-enhancing drugs that are now banned by most professional sports-- things like testosterone, dhea, and human growth hormone. as we first reported in 2006, all of this his highly controversial and possibly even illegal, but that's not stopping thousands of doctors from taking up the practice or patients from seeking them out. this is the temple of anti-aging medicine, the cenegenics medical institute of las vegas, nevada. >> let's take a look at it. >> it was founded in 1998 by its chief prophet, dr. alan mintz, who claims to have 12,000 patients around the world, offering hope to anyon
by griffin and others, steve clemens who's notable in washington on foreign policy has argued that hagel is progay and very committed to these issues. this will, again, wash out in the discussions. likely this is going to be a touchstone in the near term. but hopefully as the commentary goes forward, people will see that chuck hagel is the right man for the job. >> we talked about the democrats who have some concerns of their own. there's the new political article that cites a senate democratic official as saying this. quote, i don't think dems just fall in line. ultimately he may be confirmed. at this stage his fate is totally up in the air. he will really have to work hard to overcome some of his previous statements and positions. if you take us inside that confirmation room, for most americans who may not know chuck hagel very well, who's the person they're going to see? what will be his demeanor when he's answering some of these tough questions? >> they're going to see an american hero. someone who won two purple hearts. an enlisted man in vietnam. a man who has shrapnel still in his
who knows chuck hagel rather well. steve clemens. thank you for coming in. give us the single best reason why you support this nomination of chuck hagel to be defense secretary. >> i think that a defense secretary in this age needs to revision the pentagon and figure out how you going to create security deliverables for the united states and the world, in a time of budget austerity. and i think that he understands the roles and missions of the pentagon. i think he understands and has the stature and command competency to wrestle with the generals and admirals which he's going to need to do. i think he knows the ins and outs of congress. so i think in this time that national security is really at a vital turng point and it is very, very important at the end of the day that the united states reinvents its leverage in the world and not send the signal that it is diminishing and pulling out of many of its vital interests. i think hagel will be able to walk that very fine and complicated line. >> one criticism he's been getting is that he really doesn't have the experience in managing a
for the first half of the program today, steve carroll. good morning to you. we can see investors like this. what are the ramifications as far as you're concerned? >> well, first of all, thank you for having me on the show. i think we should be -- as we've seen, the markets are going to see the point of view of the banks themselves. as one of the constraints on the ability of banks to extend credit and support the economy is relaxed. i think everything is equal. that should support the economy and the growth outlook going into 2013 and 2014. having said that, we don't see this as being the biggest issue and certainly in continental europe and perhaps particularly in the periphery where the growth outlook has been most negative over the last few months and quarters, it probably hasn't been the biggest constraint. so we don't really see it as a game changer either in credit creation or in growth or the prospects. >> it's been suggested we should ripped up basel and start again. do you have any comments on that? >> andy's conversation is one that resinates with those of us who work in the fina
's clearly president obama, that's clearly true. and steve moore's piece was excellent. it went through a lot of logic and i'm a huge fan of boehner, i think that speaker boehner is really great and did a good job. he had no choice, but to let the upper rates go higher. that's the killer in this economy and now the democrats own it and have to live with it. charles: art, the killer, also, everyone watching the show got a check over the weekend and they saw their checks dinged and the payroll tax cuts expiring. i kind of thought that fell under the president's pledge not to tax the middle class. that's what he pledged. of all the taxes there are and all taxes are bad. but the payroll tax is the least bad of all the taxes we have. if you cut the payroll tax that will hurt the economy not help it. raising it where it should be is the correct thing to do and for economics as well my view of the world. cutting government spending is the real tax problem we have and payroll tax is not. charles: where are we going? goldman sachs says this fiscal cliff deal will take 200 billion in disposable income
donated, where they worked and how much. steve ballmer and his wife each donated $50,000. of course, he is the ceo of microsoft. there are ten people that donated back in 2009. totaling about $250,000 in donations. this time around, all you get is a name. it is making it difficult to figure out where this money is coming from. we would encourage them, them being the administration and the committee for the inauguration, to be more forthcoming prior to the inauguration. by law, 90 days after the inauguration, they have to disclose who donated, how much money they donated and where it all came from. cheryl: that is transparency. adam shapiro, thank you very much. exactly quarter till right now. every 15 minutes stocks now. d getting a new annual high. nicole: we have been watching delta very closely. the transportation index is actually lower. take a look at delta. only a penny. it did hit a new 52 week high. today, a winner. really bucking the trend. let's take a look at the major market averages. the market is under some pressure here. the s&p 500, a loss of over a half of 1%. cheryl: t
that aside, yes, steve, this has become the norm. in this day and age, nothing ever happens until that has to happen because the hyper partisanship and the polarization in congress, and so while we all were glad on new year's day or new year's eve this other issue as we also know we have three other issues coming up by the end of march that we have to deal with. >> this is from tom manley and norm freehery. it's worse than it looks and they have five myths about 112 congress and i want to share one of them because a lot of references in the 80th congress referred to as the do nothing congress which by the way past 906 laws including the marshall plan which they say was one of the most consequential in the 20th century. it created the defense department and the national security with the sweeping reorganization on the security apparatus in contrast in the 112 congress enacted the smallest number in the modern history. including the 40 that were post office and commemorative resolutions. >> we have plenty of laws and the problem we have is some are stupid and we need to get rid of to read th
people and wounding 58 other people in the theater last july. steve barton was in the theater when holmes opened fire. i should say holmes is alleged to have opened fire. he has not been convicted in the case. steven was able to escape. he was shot. nice to have you back. we talked about the newtown shooting. nice to have you back again. tell me about your injuries in the shooting. >> i was shot in the shotgun basically in the face and upper torso and the neck. i currently still have eight shotgun pellets still in there. >> so when you hear about this hearing, which could be, if he doesn't stand trial, right, if he's found mentally inexcept, this could be the only opportunity for a lot of evidence in the case to come forward. how do you feel about this? >> i obviously don't want him to walk, but as long as he doesn't see the light of day again, it doesn't really much concern me beyond that. to me, i see the trial as being an opportunity to learn more about what happened that night beyond just my own personal recollection. >> what do you remember? is it like for you specifically, is it a b
tv. we will have to move on to steve in northampton, pa., on the independent line. caller: i have been working since i was 18, and i am now 50. every year since then everything with the health insurance has been pretty good for me and my family. but what i do not understand is what the health-care mandates and insurance companies receiving, which is essentially a tax from each individual in the country, to offset other cost for insurance companies, and i know the insurance companies to a lot of experimentation and stuff like that for future cures, and they do spend the money in those areas, but what i am concerned about is our government has not shown the bill to the people in fall of what exactly the expenses are going into the future. up in canada i know for a fact that if i was in an accident some more or had a fishing accident, and i was from out of the country, they would treat me first. i know for a fact that through the government health care of their, their tax system is believe each family's budget dry. they have a waiting period sometimes where you could be in the hospit
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